After Strong Surge, Is Microsoft Still Dead Money

Perhaps you can teach old tech new tricks; that’s the chatter on the floor with shares of Microsoft shooting 7% higher in only a handful of days.

In fact, Microsoft has added nearly 16 billion dollars in market value since the year began a little over a week ago.

Of course it’s hard to forget that Microsoft shares have gone nowhere for years – and that begs the multi-billion dollar question - after the surprising surge is Microsoft still dead money?

Trader Dan Nathan thinks it is.

He believes the current advance was triggered by a seasonal phenomenon. “We see this often, as we head into CES, under performers rally on false anticipation of good news. And the latest chatter suggests PC sales in the last quarter were not good.”

Traders Joe Terranova, Tim Seymour and Karen Finerman are on the other side -- they're all bullish.

“The business division at Microsoft is doing well and Windows 8 is coming,” says Terranova. “Also the dividend yield attracts investors.”

“Xbox and the new Windows smart phones are also catalysts,” adds Seymour.

And the stock is ridiculously cheap,” adds Finerman. If things do turn bad, other stocks do a lot worse!”

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